AerodromeAeroBoard
OverviewBasePoolsVotingAEROPortfolioDocs
Donate
AeroBoard — independent analytics for Aerodrome on Base. Not affiliated with Aerodrome Finance.
DonateAerodromeDocsXDiscordGitHub
Data: DefiLlama · GeckoTerminal · on-chain Sugar contracts. For information only — not financial advice.

Docs & Reference

Everything you need to understand Aerodrome — contracts, terminology, tokenomics and security.

Smart contracts (Base)

Core (v2)
AERO token0x9401…8631Voter0x1661…80A5VotingEscrow (veAERO)0xeBf4…e6B4Minter0xeB01…3FE5RewardsDistributor0x227f…4C7dPoolFactory0x420D…40DaRouter0xcF77…4E43
Slipstream (concentrated liquidity)
CL Factory0x5e7B…809ANonfungiblePositionManager0x8279…5b72SwapRouter0xBE6D…18a5Quoter0x254c…15b0
Sugar (on-chain data helpers)
LP Sugar0x69dD…99A1Rewards Sugar0x1b12…7678ve Sugar0x4d6A…6D24
Governance
EpochGovernor0x94C0…F410Emergency Council0x9924…013D

Glossary

Epoch
A 7-day cycle (Thu 00:00 → Wed 23:59 UTC) that governs votes, emissions, fees and incentives.
Gauge
Contract attached to a pool that receives votes and streams AERO emissions to staked LPs.
Emissions
Weekly-minted AERO distributed to pools as LP rewards, allocated by veAERO votes.
veAERO
An ERC-721 NFT from locking AERO (up to 4 years). Carries voting power and revenue claims.
Rebase
Weekly anti-dilution reward to veAERO holders that offsets emission dilution.
Bribe / Incentive
External rewards deposited on a pool to attract votes; paid pro-rata to that pool's voters.
vAPR
Annualized voter return: weekly voting rewards ÷ value of voted veAERO × 52.
sAMM / vAMM / CL
Stable, volatile and concentrated-liquidity pool types.
Tick spacing
Minimum price step defining a CL pool's range boundaries (1 / 50 / 100 / 200 / 2000).
Auto-Max Lock
Keeps a veAERO lock pinned at 4 years so its voting power never decays.

Security

  • • Audited by Spearbit and ChainSecurity; inherits Velodrome V2's reviewed architecture (Code4rena, Sherlock).
  • • Bug bounty via Immunefi.
  • • Contracts are immutable with no centralized servers.

FAQ

What is Aerodrome?

Aerodrome is the leading ve(3,3) decentralized exchange on Base. Liquidity providers earn AERO emissions; veAERO lockers vote to direct those emissions and collect the resulting fees and incentives.

How do emissions work?

AERO is minted weekly and streamed to pools in proportion to veAERO votes. The schedule moved from a take-off phase (+3%/epoch) into decay (−1%/epoch), and eventually voter-governed 'Aero Fed' policy.

Stake or stay unstaked?

An LP either stakes into the gauge to earn AERO emissions, OR stays unstaked to earn the pool's trading fees directly — never both at once.

When do votes and rewards settle?

Every epoch flip — Thursday 00:00 UTC. Votes are due by Wednesday 23:00 UTC; carried-over votes persist automatically.

Official links

Website ↗Docs ↗X / Twitter ↗Discord ↗GitHub ↗Analytics (Dune) ↗